Transform your
Account Payables for JD Edwards
Free White Paper: Buried Beneath the AP Paper Crush? Simple Steps for Automating Invoice Workflow and Approval within JD Edwards Environments.
Today’s accounts payable professionals spend much of their day handling paper, resolving vendor disputes, attempting to keep up with phone inquiries and other onerous processes in the effort to move invoices from the ‘in’ box to the ‘out’ box. Over the course of the last few years, ERP-driven businesses have introduced varying elements of automation into their AP departments. In doing so, these organizations have managed to not only streamline approval processes and reduce their reliance on paper, but stretch the benefits of AP automation into core operational functions that include cash management and regulatory compliance.
Without an efficient, centralized system for processing AP invoices, many approval cycles are segmented in such a way to provide little control and visibility into the status of an invoice as it moves from receipt through to payment. According to the Boston-based research advisory firm, Aberdeen Group, approximately 81 percent of bills received in the United States are paper-based. Further complicating this scenario are discrepancies between invoices and the actual goods or services received. When this occurs, AP professionals must contact the vendor to discuss the discrepancy, generating what can often be a sizable delay before payment can be made.
Transform AP in Action
Transform AP automates the entire supplier invoice process starting with the electronic capture of incoming invoices from any number of sources.
Integrated Accounts Payable Invoice Management
Given that most corporate AP functions have at their core the need to maintain and effectively interface with an ERP or other accounting system for general ledger and budget management, the ideal AP solution would not simply deliver best-in-class invoice automation, but also allow for the tightest possible systems integration, without expensive customization and training, or the need to buy additional ERP user licenses.
TransForm AP, Bottomline's invoice processing solution for JD Edwards EnterpriseOne, delivers against all these requirements and more.
Key Features and Benefits:
• Reduced implementation costs with proven integration to JD Edwards EnterpriseOne
• Elimination of JD Edwards licensing costs for non-AP users with invoice review and approval outside EnterpriseOne
• Local tax recognition with invoice accruing within EnterpriseOne
• Increased AP staff productivity by limiting voucher entry to only approved invoices
• Use of familiar EnterpriseOne interfaces eliminates the need for AP retraining while reducing costs and shortening implementation cycles for staff acceptance testing
• Electronic imaging and archive capabilities removes paper storage and handling costs
Invoices and linking the invoice data to EnterpriseOne, TransForm AP enables purchase order matching and/or exception processing with online review and
approval of invoices for payment. TransForm AP has been uniquely designed for use both with and within JD Edwards, providing seamless integration and
visibility for everyday accounts payable users, while providing the same view of relevant invoice data to non-finance approvers via a convenient Web interface.
How do you view your efforts to reduce the paper in AP?
Enhanced Tax Handling
For customers whose business requirements include Value-Added Tax (VAT) or Goods & Services Tax (GST) handling, Transform AP for JDE 2.0 provides an improved user interface and workflow features during the non-PO invoice coding process. Incorporating these features into the standard product offering is especially important for those Bottomline customers operating in EMEA, Canada, Australia and other non-U.S. locales. Clients may now manage item costs and any included tax amounts at the invoice line level. Further classification for Tax Rate Area, Tax Explanation Codes, Tax Amount and Taxable Amount drive automated calculations and balancing, thereby posting accurate data to JDE for tax recovery reporting.
Expanded Configuration
Transform AP has been designed and packaged with the goal of a short implementation timeline. This allows Transform AP users to more quickly achieve return on investment (ROI), as ROI delayed is ROI lost. However, Bottomline understands that each organization has variations and differences in their business and AP processes. Therefore Transform AP provides methodologies for customizing the product and the workflow.
Case Studies & Brochures
HighWoods Properties
Reduce the cost of processing 150,000 invoices per year from more than 6,000 suppliers while accelerating approval cycle times.
Thames Water
Reduced the cost of processing 120,000 invoices per year!
Still Water Mining
By integrating Transform AP from Bottomline with EnterpriseOne, Stillwater took their AP process from paper to digital and conquered the complexity of their approval routing.
Transform AP for JD Edwards Brochure
